We may derive the following from the Weekly EXX chart: 1. Price has broken our major 2016 uptrend. 2. It is probable that price will continue to decline. 3. Watch for short opportunities. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly MEI chart: 1. Price remains within our range. 2. We are anticipating a move to the upside. 3. Be patient and wait for confirmation. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly BAW chart: 1. Price has reached our first target. 2. Price is currently at a support level. 3. Be weary of buying, but take note - a bid is likely. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Daily ANH chart: 1. Price has respect our resistance level (purple box). 2. Price should in all probability continue to drop further. 3. Monitor price action and look out for further short opportunities. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly CLS chart: 1. Price has dropped as previously determined. (See linked idea). 2. Currently anticipating a further break of the support trend (pink line). 3. Monitor price action and watch for further shorting potential. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly PIK chart: 1. Price has absolutely plummeted over the past few weeks. 2. Our last swing low level and major support is approaching. 3. Be weary of buying, but take note - a bid is likely. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly FSR chart: 1. Price has broken a +- 3 year uptrend. Signalling further downside. 2. It is probable that a bearish trend may be unfolding. 3. Monitor price action and watch for further shorting potential. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice. Update idea
We may derive the following from the Weekly AGL chart: 1. Price has broken our major support (See linked idea). 2. Our next target is the trend support level. 3. Monitor price action and watch for further shorting potential. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly MTN chart: 1. Price has failed to substantially break/close above the 110 level. 2. The past two weeks have been extremely bearish. 3. It is possible that price may continue down. 4. Monitor price action and watch for further shorting potential. 5. As always - maintain your risk. Note: The views provided herein...
We may derive the following from the Weekly SGL chart: 1. Price has reached the top area of the Gann Box 2. Price may drop from this level back down to the support at 1800. 3. Monitor price action and wait for confirmation of a move. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice. Update idea
We may derive the following from the Monthly SAP chart: 1. Price has been stuck in a major bearish trend. 2. A long term support level is approaching. 3. A bid is most likely to occur at the demand level (purple box). 4. Monitor price action and watch for further buying potential. 5. As always - maintain your risk. Note: The views provided herein do not...
We may derive the following from the Weekly ABG chart: 1. Price is at a major support level. 2. A bid is most likely to occur and buyers may step in. 3. However, a break of the trend is also possible. I would monitor price action and watch for shorting potential. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial...
We may derive the following from the Weekly VOD chart: 1. Price was rejected by our major trend (grey trend) (See linked idea). 2. However, price has/is holding at our backtest level. 3. A further bid may help push the price up. 4. Monitor for bullish action and a break of the channel trend. 5. As always - maintain your risk. Note: The views provided...
We may derive the following from the Weekly CFR chart: 1. Price has respected our initial structure (See linked idea). 2. Currently short from the backtest and anticipating a move down to the corrective trend line. 3. Do take note of the demand zone around 110 (purple box). 4. Monitor price action and watch for further shorting potential. 5. As always -...
We may derive the following from the Weekly DSY chart: 1. Price went the absolute bearish route (See linked idea). 2. Keep holding short. 3. Wait for price to reach the support zone (purple box). 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly BVT chart: 1. Price has pretty much reached our first target (See linked idea). 2. Majority of profit can be taken. 3. A bid is most likely to occur at demand level (purple box). 4. Monitor price action and watch for further shorting potential. 5. As always - maintain your risk. Note: The views provided herein...
We may derive the following from the Weekly EXX chart: 1. Price has reached our channel support (See linked idea). 2. Majority of profit can be taken. 3. A bid is most likely to occur at the support (pink line) - however a break of the trend is possible. 4. Monitor price action. 5. As always - maintain your risk. Note: The views provided herein do not...
We may derive the following from the Weekly SBK chart: 1. Price has dropped significantly (See linked idea). 2. Some profit can be taken. 3. It is possible that price may consolidate for a while before reaching the 160 support level 4. Keep holding short, but don't leave money on the table. 5. As always - maintain your risk. Note: The views provided...